Hello everyone, if you like the idea, do not forget to support with a like and follow.
EURCHF is overall bearish as mentioned in my previous analysis (attached below) and approaching a resistance zone from daily timeframe, so we will be looking for sell setups on lower timeframes.
on H1: EURCHF is forming a head and shoulders pattern but it is still an idea, so we will be waiting for the right shoulder to form (projection in purple)
Trigger => Waiting for the right shoulder to form then sell after a momentum candle close below the gray neckline.
Until the sell is activated, EURCHF would be overall bullish and can still trade higher.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURCHF is overall bearish as mentioned in my previous analysis (attached below) and approaching a resistance zone from daily timeframe, so we will be looking for sell setups on lower timeframes.
on H1: EURCHF is forming a head and shoulders pattern but it is still an idea, so we will be waiting for the right shoulder to form (projection in purple)
Trigger => Waiting for the right shoulder to form then sell after a momentum candle close below the gray neckline.
Until the sell is activated, EURCHF would be overall bullish and can still trade higher.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Note
Trade Made Simple
RichTL.com
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Best CFD broker - Tickmill
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RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.